Planning for Higher Education Journal

Reduce Curriculum Costs While Increasing Student Enrollment

Optimizing Academic Balance Analyses Let Kentucky Institutions Stay Competitive

From Volume 48 Number 3 | April–June 2020

By Kenneth L. Hoyt

Planning Types: Resource Planning, Academic Planning

Challenges: Competing Priorities

Tags: Academic Program Prioritization, Academic Program Review, Benchmarking, Cost of Higher Ed, Data, Decision Making

Institutions referenced in this resource:
Alice Lloyd College, Asbury University, Bellarmine University, Berea College, Brescia University, Campbellsville University, Centre College, Georgetown College, Kentucky Christian University, Kentucky Wesleyan College, Lindsey Wilson College, Midway College, Spalding University, Thomas More College, Transylvania University, Union College-Kentucky, University of Pikeville, University of the Cumberlands

An Optimizing Academic Balance (OAB) analysis provides colleges and universities with effective tools to use in making strategic academic decisions needed to stay competitive in the context of institutional mission, program quality, market potential, cost, and revenue. The Association of Independent Kentucky Colleges and Universities recently completed a three-year statewide OAB project with the participation of 13 higher education institutions. The results supported the colleges and universities in making tough decisions.

A Follow-Up

An introduction to the Optimizing Academic Balance process and early results of the research were published in the 2015 Planning for Higher Education article, “Reshaping Your Curriculum to Grow the Bottom Line,”. The current article, with final research data, represents the study’s wrap-up report.

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